Retail

Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand identified through a supply chain.

Source: en.wikipedia.org

Millennials Turn to BNPL for Grocery Purchases

Millennials Turn to BNPL for Grocery Purchases
Millennials Turn to BNPL for Grocery Purchases
June 01, 2023  |  Consumer Insights

It may seem surprising that consumers are paying for their milk in installments, but PYMNTS research reveals that grocery is actually one of the most...

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Instacart Takes on DashMart With Aldi Digital C-Store Partnership
Instacart Takes on DashMart With Aldi Digital C-Store Partnership
June 01, 2023  |  Delivery

Instacart is working with discount grocer Aldi on 30-minute delivery of convenience store goods, a move that could boost the grocery aggregator’s competitive position in...

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Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
June 01, 2023  |  Retail

Earlier, PYMNTS reported that the summer of markdowns is here as Macy’s (along with Dollar General) struggled with declining consumer demand. The retailer has now...

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Trader Joe’s Embraces Digital Scarcity Amid Grocery’s eCommerce Rush 
Trader Joe’s Embraces Digital Scarcity Amid Grocery’s eCommerce Rush 
June 01, 2023  |  Retail

As many brands race to become as digitally available as possible, Trader Joe’s is going the opposite route, leaning into its lack of eCommerce presence...

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Capital One Acquires Concierge Firm Velocity Black
Capital One Acquires Concierge Firm Velocity Black
June 01, 2023  |  Partnerships

Capital One has acquired digital concierge company Velocity Black to supplement its offerings of customer experiences. Get the Full Story Complete the form to unlock...

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Macy’s and Dollar General Results Show Inflation’s Bite Is Far-Reaching
Macy’s and Dollar General Results Show Inflation’s Bite Is Far-Reaching
June 01, 2023  |  Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Credit Cards vs BNPL: A Matter of Shifting Shopper Demographics
Credit Cards vs BNPL: A Matter of Shifting Shopper Demographics
June 01, 2023  |  Payment Methods

Access to credit, the value of credit in managing personal finances, and fear of debt are all coming into play at a time when over...

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Layoffs Rise 20% in May Led by Technology and Retail
Layoffs Rise 20% in May Led by Technology and Retail
June 01, 2023  |  Economy

There were 80,089 job cuts announced by United States-based employers in May, with the technology sector being hardest hit. Get the Full Story Complete the...

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